Cash Flow by niusheng11

VIEWS: 21 PAGES: 23

									                                                                                                           68680bfe-175c-4be2-a151-6b67afe30066.xls




                                             Goals & Dreams Worksheet

Name:                                                                                                       Date:
                      Please rank the following list in order of importance to you.
                    Husband    Wife
 Time Horizon        Rank      Rank                                Goals and Dreams                                                Amount


                                          Make a major purchase (car, furniture, boat, family vacation)

                                          Buy a new home, downsize or refinance my home

                                          Pay off debts, credit cards & loans

                                          Protect my estate or business, 100% guarantee's on investments

                                          Build savings for unexpected expenses (auto repairs, medical, etc)

                                          Help support aging parents

                                          Find an alternate income source in case of death or disability

                                          Finance post-secondary education for family (eg. children)

                                          Build retirement wealth, retire early (fear of out living your money)

                                          Save income tax, reduce taxes, withdraw RRSP's tax free

                                          Have my own business

                                          Establish a legacy (scholarship, foundation charity, etc)

                                          Earn more income, keep ahead of inflation, better rates of return

                                          Permanent tax shelters, pension plans, for individuals

                                          Other

                                          Other

                                          Other

If we could help you in one area now, what would it be?

Do you have a budget amount to help you save for your goals?      $                  -    /month
                                                                  $                  -    /year
When can we meet again to review your personal program?

                                      6 Steps for Financial Success & Security
1. INCREASE CASH FLOW                                                           4. ENSURE PROPER PROTECTION
- earn additional income                                                        - protect against loss of income
- manage expenses                                                               - protect family assets

2. MANAGE DEBT                                                                  5. BUILD LONG-TERM ASSETS
- Consolidate debt                                                              - outpace inflation
- strive to eliminate debt                                                      - reduce taxation

3. CREATE EMERGENCY FUND                                                        6. PRESERVE YOUR ESTATE
- save at least three months income                                             - help reduce estate taxes
- prepare for emergency expenses                                                - build a family legacy
68680bfe-175c-4be2-a151-6b67afe30066.xls




                                                                            Cash Flow Analysis
      NAME:                                                                            DATE:
       Housing Costs                                                                   Discretionary Costs
                                                            Month           Year                                                    Month              Year
      Mortgage :                                                        $          -   Entertainment:                                             $                -
      Rent:                                                             $          -   Eating Out:                                                $                -
      Property Tax:                                                     $          -   Coffee & Snacks:                                           $                -
      Property and Content Insurance:                                   $          -   Wine, Beer, Spirits:                                       $                -
      Mortgage Insurance:                                               $          -   Gifts:                                                     $                -
      Utilities (electrical, sewer & water)                             $          -   Charity & Donations:                                       $                -
      Utilities (gas):                                                  $          -   Fees, Accounting, etc:                                     $                -
      Garden Upkeep:                                                    $          -   Lotto tickets & Subscription:                              $                -
      Maintenance & Repair:                                             $          -   Memberships:                                               $                -
      Renovations:                                                      $          -   Holidays:                                                  $                -
      House Alarm or Security:                                          $          -   Hobbies:                                                   $                -
      Condo Fees:                                                       $          -   Smoking:                                                   $                -
      Other:                                                            $          -   Children Recreation:                                       $                -
                                                                                       Other:                                                     $                -
                         Total Housing Costs:                           $          -                    Total Discretionary:   $              -   $                -


       Food & Household Costs                                                          Health & Payroll
      Food:                                                             $          -   Medical Expenses (AB Health):                              $                -
      Household Expense:                                                $          -   Dental:                                                    $                -
      Home Phone and Long Distance:                                     $          -   Vision Care:                                               $                -
      Data Services: Internet & Cable                                   $          -   Vitamins & herbs                                           $                -
      Data Services: Cable                                              $          -   Chiropractor or Therapist:                                 $                -
      Cell Phone:                                                       $          -   Income Tax:                                                $                -
      Personal Care: hair cuts, etc.                                    $          -   Payroll deductions (CPP, EI):                              $                -
      Clothing:                                                         $          -   Bank Charges (over drafts, NSF):                           $                -
      Pet Care:                                                         $          -   Annual credit card fees: (air miles)                       $                -
      Children Expense:                                                 $          -   Line of Credit (Interest & Principal)                      $                -
      Computer or Electronics:                                          $          -   Other:                                                     $                -
      Dry Cleaning:                                                     $          -   Other:                                                     $                -
      Other:                                                            $          -
                   Total Food & Household:              $           -   $          -                  Total Miscellaneous:     $              -   $                -


       Transportation Costs                                                            Investments & Insurance
      Car Payments Loan or Lease:                                       $          -   Life Insurance:                                            $                -
      Car Insurance:                                                    $          -   Disability Insurance:                                      $                -
      Gasoline:                                                         $          -   Critical Illness:                                          $                -
      Maintenance:                                                      $          -   Long-term Care:                                            $                -
      Public Transportation:                                            $          -   Additional Health:                                         $                -
      Parking:                                                          $          -   RRSP:                                                      $                -
      Licence & Registration:                                           $          -   Savings:                                                   $                -
      Roadside Assistance: AMA                                          $          -   Rental Property:                                           $                -
      Other:________________________                                    $          -   RESP:                                                      $                -
      Other:________________________                                    $          -   Other:________________________                             $                -
      Other:________________________                                    $          -   Other:________________________                             $                -

                         Total Transportation:          $           -   $          -     Total Investments & Insurance:        $              -   $                -

      Income Sources                                                                                                               Monthly            Annual
      Spouse 1                                    net                   $          -   Total Net Income:                       $          -       $            -
      Spouse 2                                    net                   $          -   Total Expenses:                         $          -       $            -
      Other                                       net                   $          -   Shortfall / Surplus:                                       $            -
                              Total Net Income:         $           -   $          -
                             Life Insurance Needs Analysis


Name:                                                      Date:

                                              Estate of:           Estate of:


Income Replacement (per year)
         Preservation       5%                    $          -         $        -
              or
          Depletion         8%                    $          -         $        -
     reduce total need by                         $          -         $        -

Current Debts
     Mortgage
     Credit cards
     Loans
                                                  $          -         $        -
Future Needs
      Children's education
      Children's weddings
      Charitable bequest
                                                  $          -         $        -
Final Needs
      Final taxes
      Funeral expenses
      Grieving
                                                  $          -         $        -

REQUIRED PROTECTION                               $          -         $        -

      Present insurance
Less: Present coverage coverage:
      RSP (40% lost to tax)
         RSP paid out          60%                $          -         $        -
      Liquid assets (cash etc)

                                                  $          -         $        -

PRESENT NEEDS ANALYSIS               Preservation: $         -         $        -
                                        Depletion: $         -         $        -
NOTES:


Signature(s):
                                                                                                      NAME:
                                Required Information                                                  DATE:
                                                                                                                           68680bfe-175c-4be2-a151-6b67afe30066.xls


                                    Worksheet                                                                                    New Client              Update

Personal & Family Information
   Last Name                                                         Initial        Last Name                                                                    Initial
                                                                                  Spouse's First
   First Name
                                                                                     Name
Address                                                                               City                      Province            Postal Code                 Country

                                                                                   Calgary                        AB                                           Canada
Yrs. Residing          Email Address                                             Email Address


DOB (DD/MM/YYYY)                                  Contact Numbers                DOB (DD/MM/YYYY)                                            Contact Numbers
                                                   Home:                                                                                      Home:
                                                      Cell:                                                                                      Cell:
SIN                                                  Pager:                      SIN                                                          Pager:
                                                       Fax:                                                                                      Fax:
Marital Status         Sex              Language              Smoker             Marital Status       Sex                        Language                Smoker
                       Male             English               Yes                                     Male                       English                 Yes
                       Female           French                No                                      Female                     French                  No
Employment Information
Employer Name                           Occupation                               Employer Name                                   Occupation

                                        How Long                                                                                 How Long
Address          City           Prov   Postal Code                               Address           City            Prov       Postal Code


                 Income                           Contact Numbers                                  Income                                    Contact Numbers
      Gross Annual                             Business:                               Gross Annual                                      Business:
         Gross/mo                                     Ext:                                Gross/mo                                              Ext:
           Net/mo                                    Fax:                                   Net/mo                                             Fax:
Hourly/Salary/Commission/Bonuses                                                                          Hourly/Salary/Commission/Bonuses
Real Estate Information
   Rent / Own            House Value       Outstanding        Payments (P & I)         Frequency              Interest Rate             Term                  Amortization
Rent
Own
        Institution:                                                              Renewal Date:
                                                 % equity          #DIV/0!                                                       amount equity $                           -
          Notes:

Personal Assets (Cars, Jewellery, Household contents, R.V.'s, etc.)
                  Type                                             Description                                         Current Value                           Appr/Depr
cash, bank accounts                                                                                       $                                     -
household contents                                                                                        $                                     -
                                                                                                          $                                     -
                                                                                                          $                                     -
                                                                                                          $                                     -
                                                                                                          $                                     -
TOTAL                                                                                                     $                                     -
Notes:
Pension Plans (Company, Match, RRSP, Spousal RRSP, RRIF, LIRA, LRIF, LRSP, OAS, CPP)
                                                                                                              68680bfe-175c-4be2-a151-6b67afe30066.xls
                 Client                              Type                          Value            Contribution      Contrib. Freq.         Contrib. Room
                                                                             $             -
                                                                             $             -
                                                                             $             -
TOTAL                                                                        $             -
                Spouse                               Type                          Value            Contribution      Contrib. Freq.         Contrib. Room
                                                                             $             -
                                                                             $             -
                                                                             $             -
TOTAL                                                                        $             -
Notes:
Investments (Mutual Funds, GIC's, Stocks, Bonds, Business Assets, etc.)
                Type                                Company                   Market Value      Purchase Date         Maturity Date               ROR %
                                                                             $             -
                                                                             $             -
                                                                             $             -
                                                                             $             -
TOTAL                                                                        $             -
Notes:
Children & Education Funds (RESP, ITF's, Savings, etc.) List Dependant and Adult Children- Phone #
Name                                   DOB              Male/Female         RESP value         Contribution         Value                 Grant
                                                                             $             -
                                                                             $             -
                                                                             $             -
TOTAL                                                                        $             -
Notes:
Debt Information (Credit Cards, LOC's, Loans, Leases, etc.)
                Type                       Company              Balance            Limit         Min. Payment         Act. Payment                 Rate
                                                            $           -    $             -    $             -
                                                            $           -    $             -    $             -
                                                            $           -    $             -    $             -
                                                            $           -    $             -    $             -
                                                            $           -    $             -    $             -
TOTAL                                                       $           -    $             -    $             -
Notes:
Insurance (Life, Critical Illness, Disability, Mortgage, Group, Personal)
                            Mortgage         Life                Life               CI                  DI                  Group                 Other
        Company:
          Insured:
            Type:
    Death Benefit:
       Started In:
       Payments:
     Cash Value:
       Beneficiary
Notes:
Estate Planning
Notes:               Will              EPA              PD                  Will               EPA                  PD


          Total Assets                        Total Liabilities                            Net Worth                 Financial Independence No
$                                  -   $                                -    $                                -      $                                    -
FINANCIAL INDEPENDENCE NUMBER
CUSTOMER NAME

The information contained herein is based on certain assumptions and is for illustration purposes only. While care is taken in
        the preparation of this document no warranty is made as to its accuracy or applicability in any particular case.



                         Current Annual Income                               $               50,000

                         Retirement Calculation
                                  Year of Birth             1961
                               Retirement Age                65
                            Year of Retirement              2026
                          Years to Retirement                20

                        Retirement Income Calculation
                      Adjusted for 3% inflation       3%                     $               90,306



                         Required Retirement
                           Income in Year               Percentage                   FIN #

                                  2026                        5              $           1,806,111

                                  2026                        8              $           1,128,820

                                  2026                        10             $             903,056
                           26-Jan-06



 purposes only. While care is taken in
icability in any particular case.
                                                                                             Agent Name
                                                                                            Office Adddress
                                                                                            City, Prov, Postal
                                                                  Phone: (403) 590-4500, Fax: (403) 476-7687

                                                                            Date:

    Clients Name' GOALS
1
2
3
4
                       Market Value of House         $       400,000.00
                                  H.E.L.O.C.         $      320,000.00      (80% of Value)
                                    Mortgage         $      150,000.00      (Balance Remaining)
                             Equity Available        $ 170,000.00           (Making you 0%)

OLD SPENDING
                                                                                                    Interest
            Item              Outstanding Amount         Monthly Payment    Tax Deduction Amount
                                                                                                      Rate
MORTGAGE                                           0 $                -                               5%
CREDIT CARDS & LOANS                               0 $                -                               20%
LOANS
RRSPs                                                $                -      $               -
Mortgage INSURANCE                                   $                -
           TOTAL              $            -         $              -        $              -

NEW SPENDING
                                                                                                    Interest
            Item              Outstanding Amount         Monthly Payment    Tax Deduction Amount
                                                                                                      Rate
HELOC (Debts consolidated)   $              -        $                -                              5.5%
RRSP'S                                               $                -
Business                                             $                -
HELOC LOAN (Good debt)       $              -        $                -      $               -       5.5%
INVESTMENT LOAN              $              -        $                -      $               -       5.5%
INSURANCE TAX SHELTER - H                            $                -
INSURANCE TAX SHELTER - W                            $                -
Critical Illness                                     $                -
DEBT REDUCTION                                       $                -

           TOTAL              $            -         $              -        $              -

RECOMMENDATIONS
1
2
3
4
5
                                                                                                     68680bfe-175c-4be2-a151-6b67afe30066.xls

6 Steps Questionnaire for Financial Success & Security
      Name:                                          Date:
The following questions will help us to help you to achieve financial success.

1. INCREASE CASH FLOW                      - earn additional income                            - manage expenses
      What is your current Occupation?
      Are you able to earn more money at work?                                                 Yes           No            ??
      Are you interested in the NB Business opportunity to earn more income?                   Yes           No            ??
      Do you know where all your money goes?                                                   Yes           No            ??

2. MANAGE DEBT                             - strive to eliminate debt                          - Consolidate debt
     How would you rate your current plan for getting out of debt?
                                           poor           fair        good             excellent                           ??
     When do you think your family will be debt free?
     Do you know the interest rates, you are paying for your debt?                             Yes           No            ??

3. CREATE EMERGENCY FUND - save at least three months income - prepare for emergency expenses
     Do you know how much money you need for one month?     $                  Yes  No     ??
     Are you adequately prepared for a potential emergency?                    Yes  No     ??
     What would be an emergency to you?
         and how much would it cost?      $
     Do you have any children?            Yes        No     Number (dependent)

4. ENSURE PROPER PROTECTION                  - protect against loss of income                  - protect family assets
     Is your family adequately protected against the potential loss of the breadwinner?        Yes           No            ??
     Could your family maintain the same standard of living:
                 after the loss of the breadwinner?                                            Yes           No            ??
                 if you or your partner became hurt or sick?                                   Yes           No            ??
     Do you have any benefit coverage at work?                                                 Yes           No            ??
     Are you a smoker?                  Male Yes        No                           Female    Yes           No
     Are your assets creditor protected?                                                       Yes           No            ??
     Do you have an Up to Date Will?                                                           Yes           No
     Who is your Executor?
     Do you have Enduring power of Attorney? (looks after affairs if incapacitated)            Yes           No
     Who?
     Do you have a personal directive? (pull the plug)                                         Yes           No

5. BUILD LONG-TERM ASSETS                  - outpace inflation                              - reduce taxation
      How would you rate your current plans for retirement?
                                           poor           fair        good          excellent                 ??
      Retirement age         M________     F________                Life expectancy         M________ F________
      Do you know what your FIN Number is?                          $                       Yes       No      ??
      Are you planning for post-secondary education for your children?                      Yes       No      ??
      Do you know cost per year?                                    $                       Yes       No      ??
      Do you know what kind of investments & rate of returns you have currently?            Yes       No      ??
      Do you know the rule of 72?                                                           Yes       No      ??
      How many doubling periods do you have left to create wealth?
      Are you taking advantage of tax advantaged investments?                               Yes       No      ??
      What is your marginal tax bracket?

6. PRESERVE YOUR ESTATE                       - help reduce estate taxes                       - build a family legacy
     Do you know how much your estate taxes will be?                  $                        Yes           No            ??
     Do you have surviving parents?               Age       Health             City
                 mother
                 father
     Is there a possibility you will need to help them financially?                            Yes           No            ??
     Will you be receiving an inheritance?                                                     Yes           No            ??
     Do you have any brother _______or sisters_______?                Age             Health                  City


      Is there a need for further estate planning in your family?                              Yes           No            ??
      Do you have business or property you wish to pass on?                                    Yes           No            ??

When can we meet again to review your personal program?

Do you know of anyone else that we could help?
          68680bfe-175c-4be2-a151-6b67afe30066.xls




                                                                                               Cash Flow Analysis
NAME:                                                                                                                                              DATE:

Housing Costs                                                                                              Discretionary Costs
                                                         Client 1       Client 2   Month        Year                                                Client 1   Client 2   Month          Year
Mortgage :                                                                             -   $           -   Entertainment:                                                      -    $            -
Rent:                                                                                  -   $           -   Eating Out:                                                         -    $            -
Property Tax:                                                                          -   $           -   Coffee & Snacks:                                                    -    $            -
Property and Content Insurance:                                                        -   $           -   Wine, Beer, Spirits:                                                -    $            -
Mortgage Insurance:                                                                    -   $           -   Gifts:                                                              -    $            -
Utilities (electrical, sewer & water)                                                  -   $           -   Charity & Donations:                                                -    $            -
Utilities (gas):                                                                       -   $           -   Fees, Accounting, etc:                                              -    $            -
Garden Upkeep:                                                                         -   $           -   Lotto tickets & Subscription:                                       -    $            -
Maintenance & Repair:                                                                  -   $           -   Memberships:                                                        -    $            -
Renovations:                                                                           -   $           -   Holidays:                                                           -    $            -
House Alarm or Security:                                                               -   $           -   Hobbies:                                                            -    $            -
Condo Fees:                                                                            -   $           -   Smoking:                                                            -    $            -
Other:                                                                                 -   $           -   Children Recreation:                                                -    $            -
                                                                                                           School Fees:                                                        -    $            -
               Total Housing Costs:                  $         -    $         -        -   $           -                    Total Discretionary:   $       -   $    -          -    $            -


Food & Household Costs                                                                                     Miscellaneous Costs
Food:                                                                                  -   $           -   Medical Expenses (AB Health):                                       -    $            -
Household Expense:                                                                     -   $           -   Dental:                                                             -    $            -
Home Phone and Long Distance:                                                          -   $           -   Vision Care:                                                        -    $            -
Data Services: Internet                                                                -   $           -   Health Products: (prescriptions)                                    -    $            -
Data Services: Cable                                                                   -   $           -   Chiropractor or Therapist:                                          -    $            -
Cell Phone:                                                                            -   $           -   Income Tax:                                                         -    $            -
Personal Care: hair cuts, etc.                                                         -   $           -   Payroll deductions (CPP, EI):                                       -    $            -
Clothing:                                                                              -   $           -   Bank Charges (over drafts, NSF):                                    -    $            -
Pet Care:                                                                              -   $           -   Annual credit card fees: (air miles)                                -    $            -
Children Expense:                                                                      -   $           -   Line of Credit (Interest & Principal)                               -    $            -
Computer or Electronics:                                                               -   $           -   Other:                                                              -    $            -
Dry Cleaning:                                                                          -   $           -   Other:                                                              -    $            -
Other:                                                                                 -   $           -
          Total Food & Household:                    $         -    $         -        -   $           -                  Total Miscellaneous:     $       -   $    -          -    $            -


Transportation Costs                                                                                       Investments & Insurance
Car Payments Loan or Lease:                                                            -   $           -   Life Insurance:                                                     -    $            -
Car Insurance:                                                                         -   $           -   Disability Insurance:                                               -    $            -
Gasoline:                                                                              -   $           -   Critical Illness:                                                   -    $            -
Maintenance:                                                                           -   $           -   Long-term Care:                                                     -    $            -
Public Transportation:                                                                 -   $           -   Additional Health:                                                  -    $            -
Parking:                                                                               -   $           -   RRSP:                                                               -    $            -
Licence & Registration:                                                                -   $           -   Savings:                                                            -    $            -
Roadside Assistance: AMA                                                               -   $           -   Rental Property:                                                    -    $            -
Other:________________________                                                         -   $           -   RESP:                                                               -    $            -
Other:________________________                                                         -   $           -   Other:________________________                                      -    $            -
Other:________________________                                                         -   $           -   Other:________________________                                      -    $            -

               Total Transportation:                 $         -    $         -        -   $           -     Total Investments & Insurance:        $       -   $    -          -    $            -

                                                                                                           Total Cash Flow:                                               Monthly       Annual
                                                                                                           Income:                                 $       -   $   -          -     $           -
                                                                                                           Bonuses:                                $       -   $   -          -     $           -
                                                                                                           Net Income:                             $       -   $   -          -     $           -
                                                                                                           Outgoing:                               $       -   $   -          -     $           -
                                                                                                           Remaining:                              $       -   $   -          -     $           -
           A Financial Independence Number
                     Current Income                          $ 50,000
                 2% Inflation    55-38=17yrs                    70000                                     %               FIN
                     Adjusted Income at age 55               $ 70,000              rate of return         5           $ 1,400,000
                     Adjusted Income at age 65               $ 85,300              rate of return         5           $ 1,706,000

                                                                    Net Worth Distribution as of Jan 2003
                                                                      Vehicles
                                                                                    Personal
                                                                        4%
                                                                                      5%
                                                              GIC                                                      House
           B Net Worth             $ 294,500                  8%                             House                     RRSP
                                                                                              31%                      Cash
House           90000
RRSP           130000                                                                                                  GIC
                                                              Cash
Cash            23000                                          8%                                                      Vehicles
GIC             25000                                                                                                  Personal
Vehicles        11500                            This Page is under construction !!!
                                                                 RRSP
                                                                  44%
Personal        15000
               294500
                                                             Assumed              Projections
           C Current Plan                                       Rate                17 Years    27 years
                     House              90000                     2.2%                 184000      257914 0% Taxable
                     RRSP              130000                       6%                 519000     1009000 100% Taxable
                     Cash               23000                       0%                   23000      23000
                     GIC                25000                       4%                   48600      72000 Interest Taxable ea. yr
                     Vehicles           11500                      -2%                        0          0
                     Personal           15000                      -1%                   15000      15000
                                                                                  $ 789,600 $ 1,376,914
                        Current spending
                        Current savings
                        Assume House gain $2000/yr = 2.2%+ 220/m Principal
                        RRSP Adding $ 500/m 100% Taxable                                            Net Worth Distribution in 17 Years
                        Cash Add     /m =    /yr
                                                                                                    GIC          Personal
                                                                                                    6%             2%
                        Concerns
                                                                                                                                          House
                   1    Holding Cash at low rate
                                                                                             Cash                              House      RRSP
                   2    Morgage & House low rate of return
                                                                                              3%                                23%       Cash
                   3    Client income protection ?
                   4    Will not current and up to date                                                                                   GIC
                   5    Better TWO & returns                                                                   RRSP                       Personal
                                                                                                                66%
           D            Opportunities
                   1    Only use 25-35% cash to secure house on approved credit
                   2    Stop RSP contribution 100% taxable but max out match from work if have to put into spousal
                   3    Discuss benefits of Universal Life
                   4    Open money invested as Capital gains not interest
                   5    Establish 3 month emergency fund cash - credit
                   6    Better Rates of return                                                 Net Worth Distribution in 27 Years
                   7    Investment Guarantees if required (Segs)                                   GIC
                                                                                                                  Personal
                                                                                                          5%
                                                                                               Cash                 1%
                        Plan        17 Years    Plan          27 years                          2%                                House   House
                                                                                                                                   19%
                        House          184000   House           257914                                                                    RRSP
                        RRSP           519000   RRSP           1009000
                                                                                                                                          Cash
                        Cash            23000   Cash             23000
                        GIC             48600   GIC              72000                                                                    GIC

                        Personal        15000   Personal         15000                                         RRSP                       Personal
                                                                                                                73%




            The information contained herein is based on certain assumtions and is for illustration purposes only. While care is taken in the
                      preparation of this document no warranty is made as to its accuracy or applicablity in any particular case.
E                Plan of action

             1   Goals short, med & long                                     6   Plan for house, Car & Business
             2   Update Will three parts                                     7   Max out RRSP match at work
             3   Better rates of return RRSP/Open                            8   Stop RRSP better investment in Open money
             4   Discuss risk tolerance & investments                        9   New plan Cost
             5   Income/Estate Protection Term vs Universal Life            10   Business Plans

                 FIN # Financial Independence Number
                            Current spending after tax      $  72,000
                         2% Inflation    65-38=19yrs           105,000                                 %             FIN
                            Adjusted Income at age 65       $ 105,000            rate of return        5         $ 2,100,000


                                                                                 New Net Worth Distribution
                                                                                      as of Nov 2003

                 Net Worth                   $ 547,000                        Personal            UL 350k                         UL 350k
                            less LOC         $ 19,000                           11%                 0%
                                                                                                        House                     House
UL 350k                1000 less 2-1         $ 130,000                     Vehicles
House                 63750
                                                                                                          12%                     RRSP
                                                                                                                                 TWO
                                                                             3%
RRSP                 135000                  $ 398,000                                                 RRSP                       E Fund
E Fund                68250                                                                             25%
                                                                                                                                  Cash
Cash                   6000                                                 Open $                    E Fund
Open $               195000                                                  36%                                                  Open $
                                                                                         Cash          12%
Vehicles             18,000                                                                                                       Vehicles
Personal             60,000                                                               1%
                                                                                                                                  Personal
                     547000
                                                           This Page is under construction !!!
                                                           Assumed                                Projections
F                Plan Estimated projections                   Rate                                  19 years
                            UL 350k           1000                    6%                               363000    0% Taxable
                            House            63750                 7.80%                               265605    0% Taxable
                            RRSP            135000                    8%                               582619    100% Taxable
                            E Fund           68250                    0%                                68250    100% Taxable
                            Cash              6000                    0%                                  6000   0% Taxable
                            Open $          195000                   10%                               997602    50% Taxable
                            Vehicles        18,000                   -2%                                  2000   0% Taxable
                            Personal        60,000                    0%                                60000    0% Taxable
                                                                                                   #########     New FIN #

                             UL 250,001 as per illustration cash Values Death benefit Extra
                             Assume House gain $5000/yr =7.8%
                             RRSP Stop Adding just let it grow + pension                                                         Increase of   $       -
                             Open 2-1 paid back $195K and adding ( extra cash +$TWO/yr TBA)                                                    $ 1,196,049

                                                                                                   ######### Old FIN #


                 New Graph Data                                               19 year Projected Plan 2022
                 UL 350k        363000                                                  age 65
                 House          265605
                 RRSP           582619                                                Personal                                  UL 350k
                 E Fund          68250                                     Vehicles     3% UL 350k                              House
                 Cash             6000                                       0%
                 Open $         997602                                                         15%                              RRSP
                 Vehicles         2000                             Open $                  House                                E Fund
                 Personal        60000                              43%                     11%
                                                                                                                                Cash
                                                                                    RRSP
                                                                                                                                Open $
                Cash Flow                                                  Cash       25%
                   old                           new                        0% E Fund                                           Vehicles
Mortgage        $ 1,560      Heloc House     $      239                          3%                                             Personal
Scotia LOC      $     575    Heloc for 2-1   $      243
Bank fees       $      25    MRS 2-1         $      595
Life Insurance  $      51    two ULS         $      800
RRSP            $     350    RRSP            $      -
Cash Flow extra $ 2,159                      $    2,159
TOTAL           $ 4,720                      $    4,036     $        684         Extra cash flow per month TBA
                                                                                                             Flow Chart        Date                                         68680bfe-175c-4be2-a151-6b67afe30066.xls

                                                                              INCOME                                         Prime was 4.5%
                                                                            Total $
                                                                     CPP $         MRS RIF $                                                                         Work                   Will up to Date?
                                                                    OAS $            Other $                                                                    Life Insurance
                                                                  Pension $          Other $                                                                  T$
                                                                    GST $              Int. $                                                                                                 Yes / No
                                                                                                                                                              $          /m
                                                                       Cash Flow $                                                                            $          /yr
         House/Condo                                                      Savings $
                                                                                                                                  TAXES                                                     Year ________
                                                                                                                              $




HELOC % = $                                                                               BANK                                                              WFG Business
Emergency $                                                                             Cash $ ,000.00                                              Operating Costs
House $              $         /m                                                                                                                   $       /m T.W.O.
Investments$             $       /m                                                                                                                 Revenue                                NET WORTH
                                                                                                                                                    $
                                                                                                                                                                                      HOME           $0.00
                                                                                                                                                                                      RRSP
       Pension
    Approx $                                                                               OPEN JOINT MRS
    Cost $     /m                                                                       Keystone Portfolio                                                                            Other Assets
                                                                                        From HELOC $
                                                                                        at 4.5% prime cost
                                                                                        $       /m T.W.O.
      RRSP Match                                                                                                                                                 Transamerica         Subtotal       $0.00
    Approx $                                                                                                                                                     Universal Life
    $       /m + $                                                                                                                                             $0 deposit             Less           $0.00
                                                                                                                                                               $/m=$/yr               DEBTS          $0.00
                                                                                                                                                                                      Total Debts    $0.00
                                                                                                1-1 or 2-1 Investment Loan                                                            Total          $0.00
                                                                                                Keystone/ TML Portfolio
                                RESP                                                            From MRS/B2B $
                             ?                                                                  at 4.5% prime +   cost
                             Approx $                                                           $       /m T.W.O.
 Other Assets                $        /m
 Car
 $                                                                                                                                                               Transamerica
 Furniture                             RIF MRS                                                                                                                   Universal Life
 $                               Keystone Portfolio                                                                                                            $ deposit
 Cash                            Approx $                                                                                                                      $/m=$ /yr
 $                               pays out $      /m
 Personal                                                                                                     Short & Mid Term Goal
 $                                                                                                          New Car, House, Vacation
                                                                                                            $
 Total                                      Spousal RRSP                                                    $       /m
 $                                         Franklin Templeton
                                           Approx $
                                           pays out $        /m



                                                       100% Taxable                                           Capital Gains 50% Taxable                    Prepared By Dan Wolf
Net Worth Approx $

FIN #        Appox $
                                 This Page is under construction !!!!Retirement ?
                                                             Goals                                                                        Taxes ?                Better Rate of Return ?




The information contained herein is based on certain assumptions and is for illustration purposes only. While care is taken in the preparation of this document no warranty is made as to its
                                                                    accuracy or applicablity in any particular case.
                                                                                                    Name
                                                                                                    Date
                                                                 INCOME
                                                              Total ~$
                                                       CPP $        TML RIF $
                                                    OAS $Claw Back
                                                    Lafarge $
                                                    Pension $         Other $
                                                      GST $                Int. $
                                                         Cash Flow $
                                                            Savings $




TD CANADA TRUST HELOC 75% =                                                      BANK
$                                                                              Cash $
Investments $/m                                                                Chequing $
2004 tax accessment $
House $ equity $ 0.00 /m




          Guys Work Pension                                               OPEN MRS JOINT
        Approx $
        Pays out $ /m
                                                                          Co #
                                                                        Key Inv Bal G&I (From HELOC)
                                                                        BV $ MV $
        Guy RIFF Co                                                     KeyLT Growth (OPEN)
        #                                                               BV $ MV $
        Pays out $/m                                                    Key Bal Gr & Inc
        BV $                                                            BV $ MV $
        MV $ date

                                                                        Co #
                                                                       Income portfolio FE (Land)
                                                                       BV $ MV $
                                                                       Income portfolio DSC ($)
Other Assets                                                           BV $ MV
                         Spousal RRSP
Vehicles
                         Co
$
                         #
$
                         BV $
$                                                                   TOTAL MV $ MRS Account
                         MV $
Personal
                         pays out $     /m
$

Total                                                                    OPEN MRS JOINT #
$
                                                                         Mackenzie # 54149448
                                                                       Key Inv Lt Growth (OPEN)
                                                                       BV $
                       Move 10% free each year to                      2-1 loan #
                                                                       BV $
                                                                       MV $
                         Spousal RRSP Co
                         #
                         BV $
                         MV $
                         pays out $     /m
                                                                    Total MV


                       100% Taxable                                    Capital Gains 50% Taxable
Prime was %
                                                 Great-West
                                               Life
                                                 $ T10
                                                 #
                          Canada Life
                                               $ /m $ /yr
                          Life Insurance
                                                renewable to
                             #
                                               age 75
                        Guy Paid Up$ 0.0 /m
     TAXES              DB $ CV $
                                               Premium
 $                                             increase
                        CV date
                                               to $/yr
                        $
                                               Policy Expires




                                   Transamerica                    Will up to Date?
     I                             Universal Life
                                   #

                                 UL $
                                 $deposit                         Year
                                 $/m=$/yr
                                 Acc Value $



                                   Transamerica
                                   Universal Life
                                   #

                                 UL $
                                 $ deposit
                                 $/m=$/yr
                                 Acc Value $


                                                                       NET WORTH
                                                             House
                                    Transamerica             Guy RIF
                                    Universal Life           SRRSP
                                    #
                                                             SRRSP
                                  UL $                       Chequeing
                                  $ deposit                  Open MRS
                                  $/m=$/yr
                                  Acc Value $                Savings
                                                             Open 2-1
                                                             Life Insurance
                                                             UL + DB
             MRS 2-1 loan #                                  UL + DB
             $                                               UL + DB
                                                             Personal
                                                             Investors Group
             ITF Account Grandson                            Less debt
             AGF Trust                                       MRS 2-1 Loan
                                                   Last year HELOC Home
                         Net Worth Approx $                                           0.00
Prepared By Maria Lizak
                                                                             68680bfe-175c-4be2-a151-6b67afe30066.xls




                                             Estate Needs Analysis
       Prepared For:                                                Date:


       Prepared By :

                                                           Estate of:                     Estate of:




SURVIVORS' IMMEDIATE CASH NEEDS

Settlement Fund:
Funeral, medical expenses, legal fees, unpaid taxes,
credit accounts & loans (usually 3 months income)                       $0                                   $0

Housing Fund:
Funds to cancel a mortgage, purchase a home or
pay rent for 10 years.                                                  $0                                   $0

Readjustment Fund:
Support while decisions and adjustments are made
(usually 6 - 12 months income)                                          $0                                   $0

Emergency Fund:
Auto replacement, home repair or interruption of
survivor's income by injury or unemployment.
(usually 3 - 6 months income)                                           $0                                   $0

Education Completion Fund:
University, college or other specialized training for
children (usually $20,000 per child)                                    $0                                   $0

Special Fund:
Bequests, charities, infirm child, or dependant relative
care, child's wedding.                                                  $0                                   $0

(A) Total Immediate Cash Needs:                                         $0                                   $0

NOTES




                                                                                                                 19
                                                                                   68680bfe-175c-4be2-a151-6b67afe30066.xls




                                                                 Estate of:                     Estate of:




SURVIVORS' ONGOING INCOME NEEDS

Total Gross Monthly Income Need:                                              $0                                   $0
Food, clothing, transportation, utilities, child care,
entertainment, tax, insurance, other expenses
(usually 70% of current gross family income).                                 $0                                   $0

Less (continuing incomes):
Spouse's Income:                                                              $0                                   $0

Government Benefits:                                                          $0                                   $0

Other Income (rent, dividends, royalties):                                    $0                                   $0

Additional Monthly Income Need:                                               $0                                   $0

Capital Required to Produce Ongoing Income
(based on your interest and inflation assumptions)

Additional Monthly Income Need:                                               $0                                   $0

Annual Income Need:                                                           $0                                   $0

Real Interest Rate:(assume a reasonable retun after inflation)            5.00%                               5.00%

(B) Capital Required to Produce Ongoing
    Monthly income for Years Required.                                        $0                                   $0
     (conserving capital )


TOTAL ESTATE REQUIREMENTS

Total Immediate Cash Needs: (A)                                               $0                                   $0

Additional Capital Required for Ongoing Income (B)                            $0                                   $0

(C) Total Capital Required to Meet
    Responsibilities:                                                         $0                                   $0




                                                                                                                       20
                                                                               68680bfe-175c-4be2-a151-6b67afe30066.xls




                                                             Estate of:                     Estate of:




AVAILABLE ASSETS

Current Assets
Cash (chequing, savings accounts):                                        $0                                   $0

Personal Life Insurance (individual, mortgage, loan):                     $0                                   $0

Group Life Insurance:                                                     $0                                   $0

Government Death Benefit:                                                 $0                                   $0

Non-Registered Investments
                     GICs:                                                $0                                   $0

                             Bonds:                                       $0                                   $0

                             Investment Funds:                            $0                                   $0

                             Stocks:                                      $0                                   $0

Other Assets (only if liquidated)
                      Residence & Other Real Estate:                      $0                                   $0

                             Business Equity:                             $0                                   $0

                             *Other Assets:                               $0                                   $0
*Registered Savings (RRSP, DPSP, and pension plans) should
not be included if savings will be needed at retirement.


(D) Total Available Assets:                                               $0                                   $0



REQUIRED PROTECTION

Total Capital Required to Meet Financial
Responsibilities: (C)                                                     $0                                   $0

Less

Total Available Assets: (D)                                               $0                                   $0

Additional Capital Required:                                              $0                                   $0




                                                                                                                   21
Date   Note
Action Plan

								
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